Larry Fitzgerald unwilling to take a pay cut

According to Kent Somers of the Arizona Republic, Cardinals wide receiver Larry Fitzgerald isn’t open to restructuring his contract even though he’s expected to make $12.75 million in 2014, which will eat up a nice chunk of Arizona’s cap room.

The Cardinals haven’t approached Fitzgerald’s agent, Eugene Parker, about restructuring the contract, but they will. Negotiations will be interesting because Fitzgerald isn’t going to take a pay cut.

He will be open to a restructuring that might include converting salary into a bonus that can be prorated over the next few years.

Something has to give, because if Fitzgerald’s cap number doesn’t decrease, the Cardinals will be handicapped when it comes to extending other deals and signing free agents.

It sounds like the Cards will have to either restructure Fitzgerald’s contract or release him. If they do dump him, they’ll still take a cap hit.